COMPASS Pathways (CMPS) Operating Expenses (2020 - 2026)
COMPASS Pathways (CMPS) reported Operating Expenses of $52.37 million for Q2 2026, up 22.0% from $42.93 million a year earlier and up 22.1% from the prior quarter.
COMPASS Pathways (CMPS) Operating Expenses (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, COMPASS Pathways' Operating Expenses came in at $181.76 million, down 3.8% year-over-year; for FY2025, it came in at $179.04 million, up 0.5% from FY2024.
- Operating Expenses has increased for six consecutive years, with a five-year compound annual growth rate of 28.4% (FY2020 to FY2025).
- By year, Operating Expenses came in at $178.21 million in FY2024 (+30.2%), $136.92 million in FY2023 (+24.0%), $110.4 million in FY2022 (+32.7%) and $83.22 million in FY2021 (+61.9%).
- The Q2 2026 figure ranks as the highest quarterly Operating Expenses in data going back to Q2 2020.
- Year over year, Operating Expenses gained in four of the last eight quarters, with growth averaging 10.3%.
- The high point for year-over-year Operating Expenses in five years was Q4 2021 (growth of 145.9%); the low point was Q3 2025 (a decline of 15.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $42.9 million (Q1 2026), $45.95 million (Q4 2025) and $40.54 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -9.70 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 6.54 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 18.20 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 6.68 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 2.09 Bn |
| 10 | COMPASS Pathways | 1.80 Bn | 1.80 Bn | - | 52.37 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.37 Mn |
| Mar 31, 2026 | 42.90 Mn |
| Dec 31, 2025 | 45.95 Mn |
| Sep 30, 2025 | 40.54 Mn |
| Jun 30, 2025 | 42.93 Mn |
| Mar 31, 2025 | 49.62 Mn |
| Dec 31, 2024 | 48.41 Mn |
| Sep 30, 2024 | 47.90 Mn |
| Jun 30, 2024 | 43.32 Mn |
| Mar 31, 2024 | 38.57 Mn |
| Dec 31, 2023 | 38.41 Mn |
| Sep 30, 2023 | 34.06 Mn |
| Jun 30, 2023 | 32.66 Mn |
| Mar 31, 2023 | 31.79 Mn |
| Dec 31, 2022 | 32.19 Mn |
| Sep 30, 2022 | 25.54 Mn |
| Jun 30, 2022 | 27.26 Mn |
| Mar 31, 2022 | 25.42 Mn |
| Dec 31, 2021 | 28.32 Mn |
| Sep 30, 2021 | 21.77 Mn |
COMPASS Pathways Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CMPS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CMPS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CMPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();